India has shown significant mHealth movements in recent years.
- Aravind Eye Hospital System’s mobile health units are renowned in their use of wireless technology.
- The Apollo Telemedicine Networking Foundation has over 70 telemedicine midpoints across India that enables
third-party contractors to reach out to rural areas.
- The Government has issued projects for a range of national telemedicine arrangements and structures,
even within oncology and disease monitoring.
A huge investment opportunity for medical professionals.
Despite this increasing adoption, India’s footprint in mHealth is tiny. With a largely
under-served rural population,there’s a huge uncaptured market that medical professionals to leverage.
As healthcare professionals look for ways to maximise their patient outreach while reducing expenses, many
view mHealth as the answer to achieve cost-effectiveness. Furthermore, mHealth provides a host of opportunities
to the pharma industry, varying from research and developmental pursuits to their fight against spurious medicines.
India’s healthcare troubles are aggravated by its elevated non-communicable illness burden.
Degenerative maladies are leading factors of demise and impairment in India and their share is predicted to
climb rapidly. This is where healthcare has the potential of developing mHealth programmes in two clear-cut market opportunities:
1. Access to healthcare can be extended to rural areas with services where there is restricted capacity.
2. Healthcare can be concentrated on the urban affluent who have the capacity to bear the cost of expensive monitoring utilities that can enrich their health.
How can doctors in invest in mHealth?
Doctors can either invest in apps that provide access to health records, diagnosis, medication prescriptions etc.
or apps that assist in health management and monitoring, physician appointments etc.
The cost to build an app can range anywhere between $5,000 - $15,000. IT companies that build apps could very well deliver a complete, customised healthcare app within 6–8 weeks. The expenses to build a tailor-made medical app is dependent on a developer's rates, total extent and quality of the app design,
app functionality and additional features.
A Business Loan for Doctors with a high loan amount of Rs.30 lakhhelps physicians fund this investment and
cash on the booming mHealth market
The Current Trends
With the advent of mHealth, patient treatmentcan go beyond the confines of conventional healthcare institutions
to treat patients wherever they are, while improving patient outcomes and bringing down costs.
• Technology innovation:Social networking, cloud computing and big data analytics are laying the
cornerstone for patients to get healthcare in not just high-priced medical centres and far-flung specialty clinics
but in their localities and surroundings.
• Smart mobility: Empowers patients to obtain greater charge of their online medical reports thereby,
improving their well-being.Thanks to smartphones,end-users are taking part in health-connected dialogue online.
• M-Health apps: Today, there are over 165,000 mHealth apps available in Apple iTunes and Android app stores,
according to a new study by the IMS Institute for Healthcare Informatics.Health and wellness apps are
driving mobile health technology adoption and are altering lifestyle.
•Advanced mobile disease detection: Detection devices for blood pressure, pulse rate, etc. are now wirelessly
linked to smartphones with some facilities are being built into mobile devices
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